There are two related claims made by gold standard advocates. These claims are:
1) Under a gold standard, prices are stable.
2) Prices ought to remain stable.
I) We'll start by looking at the first claim. What does it mean to say that prices are stable?
Financial Mathematics Text
Showing posts with label dollar. Show all posts
Showing posts with label dollar. Show all posts
Monday, October 8, 2012
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